246.170. Districts may conform to federal law in refunding, extending time of payment. — All drainage and levee districts heretofore or that may be hereafter organized under any law of this state are hereby authorized and empowered to do each and every act necessary to be by them performed in order to comply with or avail themselves of the provisions of any legislation now enacted or that may be hereafter enacted by the Congress of the United States of America, having for its purpose the refunding or extending the time of payment of the bonded indebtedness of any drainage or levee district or otherwise lightening the present burdens of taxation resting on the lands and property in such districts.
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(RSMo 1939 § 12612)
Prior revision: 1929 § 11023
---- end of effective 28 Aug 1939 ----
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